view closes out remaining hedging, page-16

So would I be right to assume they unhedged to maximise cash in the short term , was it partly because they had a higher cost of production or lower grade than budgeted for? if so isn't it a risky medium term strategy even possibly risky in the short term should the gold price fall. Remember here it fell $30 one night , ie it can be extremely volitile depending on currency movements .Also aren't there options somewhat limited now ie they can't go back to the market in the near term for more money .Also wouldn't the bankers will require stringent financial conditions for them to continue trading and won't the financial backers be most reluctant to tip further money in ?What i'm really getting at , wasn't to unhedge a last gasp attempt to save the company from the financiers pulling the plug?